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Note 12 – Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share attributable to VPG stockholders (in thousands, except earnings per share):
| | | Fiscal Quarter Ended | | | Nine Fiscal Months Ended | |
| | | September 27, 2025 | | | September 28, 2024 | | | September 27, 2025 | | | September 28, 2024 | |
| Numerator: | | | | | | | | | | | | | | | | |
| Numerator for basic earnings per share: | | | | | | | | | | | | | | | | |
| Net earnings (loss) attributable to VPG stockholders | | $ | 7,858 | | | $ | (1,351 | ) | | $ | 7,164 | | | $ | 9,143 | |
| | | | | | | | | | | | | | | | | |
| Denominator: | | | | | | | | | | | | | | | | |
| Denominator for basic earnings per share: | | | | | | | | | | | | | | | | |
| Weighted average shares | | | 13,279 | | | | 13,254 | | | | 13,260 | | | | 13,367 | |
| | | | | | | | | | | | | | | | | |
| Effect of dilutive securities: | | | | | | | | | | | | | | | | |
| Restricted stock units | | | 65 | | | | — | | | | 47 | | | | 38 | |
| Dilutive potential common shares | | | 65 | | | | — | | | | 47 | | | | 38 | |
| | | | | | | | | | | | | | | | | |
| Denominator for diluted earnings per share: | | | | | | | | | | | | | | | | |
| Adjusted weighted average shares | | | 13,344 | | | | 13,254 | | | | 13,307 | | | | 13,405 | |
| | | | | | | | | | | | | | | | | |
| Basic earnings (loss) per share attributable to VPG stockholders | | $ | 0.59 | | | $ | (0.10 | ) | | $ | 0.54 | | | $ | 0.68 | |
| | | | | | | | | | | | | | | | | |
| Diluted earnings (loss) per share attributable to VPG stockholders | | $ | 0.59 | | | $ | (0.10 | ) | | $ | 0.54 | | | $ | 0.68 | |
The Company’s potentially dilutive securities were not included in the calculation of diluted loss per share for the three fiscal months ended September 28, 2024, as the effect would be anti-dilutive.
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